N.Y. smokers will need deep pockets

June 3, 2008 7:01:58 AM PDT
New Yorkers who smoke need deep pockets.Starting Tuesday, smokers in New York will pay the highest cigarette taxes in the nation, shelling out $2.75 in taxes alone.

That means smokers in New York City could pay more than $10 a pack.

The increased tax is expected to bring in $265 million a year and prompt thousands to quit.